Saudi Aramco GI 57.001 Corporate and Wholly-Owned Subsidiaries’

This document is a Saudi Aramco General Instruction (GI) that details the comprehensive process for managing financial advisory engagements with external financial institutions. It outlines the pre-award, selection, engagement, and post-award administration procedures for corporate entities and their wholly-owned subsidiaries.

The instruction covers critical aspects such as defining engagement scope, financial advisor selection criteria, fee structures (including fixed fees, retainers, and success fees), and the formal award and administration of mandates. It emphasizes the Treasury Advisory Department's role as the central point of contact for optimizing core bank relationships and ensuring engagements are conducted under favorable terms.

The document also details the responsibilities of proponent organizations and the necessary documentation, including Advisory Services Agreements (ASAs) and Request for Proposals (RFPs). Readers will gain a clear understanding of Saudi Aramco's standardized approach to engaging financial expertise, ensuring compliance, and effectively managing financial advisory relationships.

Ideal for finance managers, treasury specialists, and procurement officers working in the oil and gas industry or similar large corporate environments.